Last Tuesday, in between tweets about James Comey, his poll numbers and California, President Trump was at one of his favorite pastimes again: complaining about the U.S. trade deficit. “Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates,” he tweeted. “Not acceptable!” For years, Trump has argued that China subsidizes its exports to the U.S. through currency manipulation, creating a trade imbalance (Never mind that the U.S. Treasury […]
source https://therealdeal.com/2018/04/25/the-long-view-trump-hates-the-us-trade-deficit-but-heres-why-the-real-estate-industry-needs-it/
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